Theses and Dissertations at Montana State University (MSU)
Permanent URI for this collectionhttps://scholarworks.montana.edu/handle/1/733
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Item The impact of farm-level variables on federal crop insurance coverage level selection(Montana State University - Bozeman, College of Agriculture, 2019) Boyd, Mark Weiderspon; Chairperson, Graduate Committee: Eric BelascoThis thesis evaluates the significance of farm-level variables related to cash flow on coverage level selections as a potential explanation for the well-documented behavioral anomaly in producers' federal crop insurance coverage level selection choices. The current crop insurance literature appears to lack a clear explanation of why producers choose to insure at lower or less than economically optimal coverage levels. To inform this question, the relationship between liquidity factors and insurance coverage level selection are estimated empirically using linear and fixed effects models with data from the Agricultural Resource Management Survey, Risk Management Agency Summary of Business, and the Risk Management Agency Actuarial Data Master. Specifically, this research endeavors to evaluate the associations between variables related to cash flow and coverage level selection, as well as isolate the effect of premium rates on coverage selection, in order to provide evidence that constrained cash flow may be the reason for the appearance of nonutility maximization in coverage level selection. The results indicate that variables directly related to cash flow such as higher costs are associated with significant differences in coverage level selection, though the direction of the association is dependent on the type of costs, whether fixed or variable, while higher revenue higher acreage farms insure at higher coverage levels. In addition, higher premium costs are associated with lower coverage level selection, despite subsidy incentives indicating expected cash flow plays a significant role in coverage level decisions.Item The effect of organic certification on farmland value(Montana State University - Bozeman, College of Agriculture, 2017) Boldbaatar, Munkhnasan; Chairperson, Graduate Committee: Joseph JanzenThis research considers the relationship between organic certification and farmland values. We employ the ARMS survey data from 2003 to 2011. We construct three models with different organic status classifications. We control for differences in farm type, NASS crop district, urbanization, and year fixed effects. We find that organic certification has a significant (statistically and economically) effect on farmland value. Our model suggests that a 1 percentage point increase in a farm's organic land would result a 0.23 percentage point increase in the farmland rental rate.Item Inducing shifts from crop production to beef on dryland farms in Montana(Montana State University - Bozeman, College of Agriculture, 1957) Carpy, Charles A.Item Montana farm leasing and 'current use' valuations of Montana farm estates(Montana State University - Bozeman, College of Agriculture, 1978) Paschke, Theodore DavidItem Optimum farm organization for a representative irrigated farm in the Yellowstone Valley(Montana State University - Bozeman, College of Agriculture, 1978) Schaefer, Gerald MelvinItem A statistical analysis of size, type and tenure relationships of five hundred and sixty-five low income farm security households in Montana(Montana State University - Bozeman, College of Agriculture, 1943) Sands, Leroy L.Item An analysis of the optimal allocation of resources under the provisions of the l977 Food and Agricultural Act(Montana State University - Bozeman, College of Agriculture, 1979) Griffith, DuaneItem The effect of increasing farm size on land values(Montana State University - Bozeman, College of Agriculture, 1958) Lawrence, John D.Item A study of the organization, operations, and practices of a selected group of successful Montana farms(Montana State University - Bozeman, College of Agriculture, 1938) Cochrane, Willard WesleyItem Reclassification of agricultural land for assessment purposes in Teton County(Montana State University - Bozeman, College of Agriculture, 1947) Schutz, Willard D.
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